Important information about Labor Rate variance
The following labor standards have been established for a product:
Standard labor-hours per unit of output 2.4 hours
Standard labor rate $15.45 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked: 5400 hours
actual total labor cost $85,860
Actual output 2,200 units
What is the labor rate variance for the month?
A 1908 U
B 2430 U
C 4284 U
D 4284 F